Iraq: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Iraq

The Iraqi market for tiles, flagstones and similar articles of cement, concrete or artificial stone fell to $X in 2023, shrinking by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2023, consumption failed to regain momentum.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports from Iraq

In 2023, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Iraq shrank remarkably to X tons, declining by X% against the previous year's figure. In general, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone dropped rapidly to $X in 2023. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Iraq, accounting for a approx. X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of volume to Turkey totaled X%.

In value terms, Turkey ($X) also remains the key foreign market for tiles, flagstones and similar articles of cement, concrete or artificial stone exports from Iraq.

From 2012 to 2023, the average annual rate of growth in terms of value to Turkey stood at X%.

Export Prices by Country

In 2023, the average export price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, declining by X% against the previous year. In general, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2023, the rate of growth in terms of prices for Turkey amounted to X% per year.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports into Iraq

In 2023, approx. X tons of tiles, flagstones and similar articles of cement, concrete or artificial stone were imported into Iraq; declining by X% against the previous year. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone rose significantly to $X in 2023. In general, imports continue to indicate a mild descent. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Iran (X tons) was the main supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to Iraq, with a X% share of total imports. Moreover, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Iran exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold. Kuwait (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Iran totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Kuwait (X% per year).

In value terms, Iran ($X) constituted the largest supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to Iraq, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Iran stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2023, the average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform